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Author Question: Which of the following is not included in GDP calculations? a. the value of an accountant's ... (Read 54 times)

silviawilliams41

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on: Jun 30, 2018
Which of the following is not included in GDP calculations?
 a. the value of an accountant's services
 b. the value of 500 shares of Microsoft stock sold to an investor
 c. the value of high-definition television sets produced, but not sold, during the year
  d. the value of a haircut

Question 2

In the long run, increased consumption spending raises only the price level.
 a. True
  b. False
  Indicate whether the statement is true or false


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aburgess

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Reply #1 on: Jun 30, 2018
Answer to Question 1

b

Answer to Question 2

True


silviawilliams41

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Reply 2 on: Jun 30, 2018
Excellent

bbburns21

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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